Legal & General Group Plc Takes Position in LXP Industrial Trust $LXP

Posted by Geri Gentry on Aug 30th, 2026

Legal & General Group Plc acquired a new position in shares of LXP Industrial Trust (NYSE:LXP – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 385,721 shares of the real estate investment trust’s stock, valued at approximately $20,783,000. Legal & General Group Plc owned 0.65% of LXP Industrial Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Balyasny Asset Management L.P. raised its stake in LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after acquiring an additional 4,688,972 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of LXP Industrial Trust by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock worth $38,633,000 after purchasing an additional 145,951 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of LXP Industrial Trust by 14.1% during the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock valued at $32,159,000 after purchasing an additional 458,195 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of LXP Industrial Trust by 48.6% during the third quarter. Qube Research & Technologies Ltd now owns 2,850,940 shares of the real estate investment trust’s stock valued at $25,544,000 after purchasing an additional 932,200 shares during the period. Finally, UBS Group AG raised its stake in shares of LXP Industrial Trust by 59.2% during the third quarter. UBS Group AG now owns 2,452,515 shares of the real estate investment trust’s stock valued at $21,975,000 after purchasing an additional 911,566 shares in the last quarter. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Price Performance

Shares of LXP Industrial Trust stock opened at $60.71 on Friday. LXP Industrial Trust has a 52 week low of $43.97 and a 52 week high of $61.61. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.19. The stock has a market cap of $3.58 billion, a PE ratio of 60.71 and a beta of 1.02. The company’s 50-day moving average price is $58.58 and its two-hundred day moving average price is $52.92.

LXP Industrial Trust (NYSE:LXP – Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.01. LXP Industrial Trust had a net margin of 18.66% and a return on equity of 3.37%. The business had revenue of $88.11 million for the quarter, compared to the consensus estimate of $85.37 million. During the same period in the previous year, the firm earned $0.16 EPS. The business’s revenue for the quarter was up .4% on a year-over-year basis. As a group, sell-side analysts anticipate that LXP Industrial Trust will post 3.34 EPS for the current fiscal year.

LXP Industrial Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio (DPR) is 280.00%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LXP. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Raymond James Financial initiated coverage on shares of LXP Industrial Trust in a research report on Wednesday, June 17th. They set a “market perform” rating on the stock. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Thursday, July 16th. Citizens Jmp lowered shares of LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $57.40.

View Our Latest Research Report on LXP Industrial Trust

LXP Industrial Trust Profile

(Free Report)

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.